Announced Fri, 24 Jul · 18:21 IST
Board approves Q1FY27 results, new MD and CFO, and auditor change
Revenue Growth 20pctEmphasis Of MatterGoing ConcernExceptional ItemEbitda Margin CompressionResults View source PDF
JINDALSTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹1036.50
prior close
₹1055.00
base price
After-mkt
timing
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AI summary
Jindal Steel Board approved Q1FY27 results: standalone PAT at 1,086 Cr, consolidated PAT at 844 Cr on net revenue of 15,501 Cr. Steel production at 2.40 MT, sales at 2.23 MT. Adjusted EBITDA at 2,667 Cr. New MD Vidya Rattan Sharma, CFO Sandeep Modi, COO Rajiv Kumar, and HR Head appointed. S S Kothari Mehta to replace Lodha and Co as auditor after 47th AGM. Auditor flagged going concern emphasis of matter for Mauritius subsidiary JSML.
Likely market impact
Big leadership reshuffle at top. Q1 PAT dipped YoY on maintenance shutdowns, but revenue grew. Watch the Mauritius unit going concern flag.